A friendly review of @BCAppelbaum & @BrankoMilan but with this unfortunate line: “China is essentially going through a hugely accelerated version of the industrial revolution & the Gilded Age rolled into one.” #ModernizationTheoryNeverDies https://www.newyorker.com/magazine/2019/09/02/the-rich-cant-get-richer-forever-can-they …
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Remember how Gilded Age America was run by a ruthlessly authoritarian one party state that had all the tycoons under its thumb, controlled internal movement of its people, and for decades enforced an anti-natalist policy that produced the mother of all demographic dividends?
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Man you historians never let one slip past you huh
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